Continental Resources' CEO Discusses Q4 2011 Results - Earnings Call Transcript

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Continental Resources (CLR) Q4 2011 Earnings Call February 23, 2012 10:00 AM ET

Executives

Harold G. Hamm - Executive Chairman, Chief Executive Officer and Member of Nominating & Corporate Governance Committee
Jack H. Stark - Senior Vice President of Exploration
Jeffery B. Hume - President and Chief Operating Officer
John D. Hart - Chief Financial Officer, Principal Accounting Officer, Senior Vice President and Treasurer

Analysts

Noel A. Parks - Ladenburg Thalmann & Co. Inc., Research Division
Subash Chandra - Jefferies & Company, Inc., Research Division
Brian M. Corales - Howard Weil Incorporated, Research Division
Joseph Patrick Magner - Macquarie Research
Jason A. Wangler - SunTrust Robinson Humphrey, Inc., Research Division
David W. Kistler - Simmons & Company International, Research Division

Operator

Good day, ladies and gentlemen, and welcome to the Continental Resources Fourth Quarter 2011 Earnings Call. This conference call is being recorded.

Today's call will include projections, assumptions and guidance that all are considered forward-looking statements. Actual results will likely differ from those contained in our forward-looking statements. Please refer to the company's filings with the Securities and Exchange Commission for additional information concerning these statements and risks.

Chairman and CEO, Harold Hamm, will begin this morning's call, followed by Jack Stark, Senior Vice President for Exploration, and Jeffery Hume, President and COO. After their remarks, we will have a question-and-answer period. Other members of management are available to answer your questions.

Now, I will turn the call over to Mr. Hamm.

Harold G. Hamm

Good morning, everyone. Thank you for joining us for Continental's fourth quarter earnings call. You probably heard me say that Hegler [ph] oil play has just keep getting better. That's certainly true with the Bakken. Again, there's only one Bakken, it's a world-class oil play, certainly without April [ph] in the United States in the last 50 years and it just keeps getting bigger and better

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